1050 Morro Ave - Hospitality FOR SALE


Morro Bay, CA 93442- Morro Bay/Cayucos/Cambria
$4,750,000 USD
805-452-2880
1050 Morro Ave, Morro Bay, CA for Sale
$4,750,000 USD
Hospitality - FOR SALE
1/1
null | Request Cap Rate

1050 Morro Ave
Morro Bay, CA 93442
Morro Bay/Cayucos/Cambria


HIGHLIGHTS

  • Prime Morro Bay coastal location within San Luis Obispo County
  • Ocean views and strong boutique positioning
  • 11-units expansion upside with permitting underway
  • Irreplaceable Central Coast asset supported by long-term demand drivers

OVERVIEW

Located in Morro Bay, this boutique hotel enjoys ocean views and views of iconic Morro Rock. It is set within a highly desirable coastal environment that reflects the area’s natural beauty, relaxed coastal character, and year-round destination appeal. What truly distinguishes this offering is its value-add potential. The property includes expansion opportunities for 11 units, with the project already well advanced in the permit process—providing a clear, actionable path to future growth and enhanced returns in a supply-constrained coastal market. Value-add opportunities of this caliber are rare along the Central Coast. This is an offering not to be missed! Viewing by appointment only. Do not disturb management.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$839 USD /SF

# OF ROOMS

16

PRICE/ROOM

$296,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beach Bungalow Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1941

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

CVS

APN/PARCEL ID

066-042-001

ASK ABOUT THIS PROPERTY

Deborah KingDeborah KingMore Info
805-452-2880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Deborah KingDeborah KingMore Info
805-452-2880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.